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Cyprus is business friendly. It advantages investors, debt holders and offshore depositors. They enjoy low tax liabilities legally. They do so as long as hairbrained schemes don't target them.
Things are up for grabs. They're in flux. Legislators will decide what's next. Eurocrats must approve it. They demand their pound of flesh. Expect ordinary Cypriots to be hit hardest. It always turns out that way.
Force-fed austerity is policy. When will people harmed say no more? Things that can't go on forever, won't. Economist Herb Stein once said so. It's just a matter of time.
Stephen Lendman lives in Chicago. He can be reached at Email address removed .
His new book is titled "Banker Occupation: Waging Financial War on Humanity."
http://www.claritypress.com/LendmanII.html
Visit his blog site at sjlendman.blogspot.com.
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